Upcoming Texas Pension Review Board Meeting: Key Updates and Agenda
The Texas Pension Review Board will meet at 10 a.m. CT on Thursday, July 25, 2024, and the meeting promises to encompass critical discussions pertinent to the management and oversight of public pension funds in Texas. And you can attend on Zoom!
Understanding the Texas Pension Review Board
The Texas Pension Review Board, established by the Texas Legislature, plays a crucial role in monitoring the actuarial soundness and compliance of state and local public employee pension systems. Moreover, the PRB provides essential research, educational programs, and actuarial evaluations that are fundamental resources for pension fund stewards.
Meeting Details
The July meeting of the PRB will be held in room 402 of the William P. Clements Building, 300 W. 15th St., Austin, TX, 78701. Attendees can join virtually, ensuring that stakeholders statewide can participate and stay informed of developments.
July 25, 2024, Meeting Agenda
The agenda for the meeting on July 25 is expected to cover various critical topics, including potential agency rule adoptions, new rules for the minimum educational training program, a possible amendment proposal for investment expense reporting, an update on the Investment Practices and Performance Evaluations and Investment Performance Report, reports from the board's Actuarial Committee, including possible action to adopt guidance for calculating and administering lump sums and an update on Texas Local Fire Fighters Retirement Act governance project, among other agenda items. These items highlight the meeting's focus on enhancing the state's robustness and sustainability of pension funds.
For those interested in the complete list of discussion points, the full agenda is available here: 2024.07 Board Meeting Agenda.
Importance of Participation
TEXPERS encourages all trustees, administrators, and other stakeholders of public employee pension systems in Texas to attend this meeting. Your participation is crucial in shaping the state's future of pension management.
Whether you attend in person or online, your involvement ensures that our collective interests are well-represented and heard.
About the Author:
Allen Jones is the director of communications and event marketing for TEXPERS. He joined the Association in 2017. Before TEXPERS, he worked in the news media industry, producing content for newspapers, magazines, and online publications and leading newsrooms as an editor and publications manager. [email protected]